Revenue segments as reported by the company.

Software

Consulting

Infrastructure

Financing

Cloud & Cognitive Software

Global Business Services

Global Technology Services

Systems

Global Financing

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Intellectual property and custom development income

Other expense

Interest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure and modernize their environments. It includes all software, except operating system software reported in the Infrastructure segment. The Consulting segment provides capabilities in business transformation and technology implementation. Consulting designs and builds open, hybrid cloud architectures and optimizes key workflows and business processes with IBM and ecosystem partner technologies. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. Infrastructure also includes remanufacturing and remarketing of used equipment with a focus on sustainable recovery services. The Financing segment facilitates the acquisition of information technology systems, software and services through its financing solutions. The financing arrangements are predominantly for products or services that are critical to the end users’ business operations and support IBM’s hybrid cloud platform and AI strategy. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

IBM reports strong Q4 earnings, eyes revenue and margin growth

IBM's Q4 2022 performance showcased strong revenue growth and successful client collaborations, despite facing challenges from external factors impacting margins. The company is focused on seizing opportunities through strategic investments and guiding for continued revenue and margin improvements in 2023.

IBM reports solid Q1 results, focuses on hybrid cloud and AI for growth

IBM's Q1 performance reflects growth in revenue, driven by Software and Consulting, with a focus on hybrid cloud and AI. While facing challenges in lower revenue growth projections and pricing dynamics, IBM is optimistic about PTI improvements and cash flow. Opportunities lie in AI initiatives, currency impact, and strategic M&A moves.

IBM reports solid Q2 earnings, eyes growth through strategic AI

IBM's Q2 2023 performance was strong, with revenue growth, margin expansion, and robust free cash flow generation.
The company's strengths lie in its hybrid cloud and AI strategy, strategic collaborations, and focus on enterprise AI.
Challenges include regional AI maturity variations, pricing dynamics, acquisition alignment, and data privacy concerns.
Opportunities abound in IT optimization, international expansion, strategic acquisitions, and AI-driven productivity gains.

IBM reports solid Q3 growth driven by generative AI focus

IBM's Q3 2023 performance reflects strong financial growth, particularly in software and consulting revenue, supported by a focus on generative AI and strategic partnerships.
While challenges exist in deploying generative AI and sustaining growth in certain segments, IBM's financial stability and innovative approach position it well for future opportunities.
Opportunities lie in leveraging generative AI for revenue growth, enhancing client-specific solutions, and expanding market presence through strategic initiatives.
Overall, IBM's performance highlights resilience, adaptability, and a strategic vision for delivering value to enterprise clients in a competitive landscape.

IBM reports solid 2023 performance, eyes growth through AI and partnerships

IBM's strong financial performance in 2023, driven by software and consulting growth, sets the stage for continued success in 2024.
Strategic partnerships, AI initiatives, and cost-saving measures bolster IBM's competitive edge and financial resilience.
Challenges in sustaining growth and revenue recognition require careful management and strategic foresight.
Opportunities in AI, digital transformation, and strategic acquisitions position IBM for growth and market outperformance in 2024.

IBM reports strong Q1 performance driven by cloud and AI

IBM's Q1 2024 performance reflects strength in hybrid cloud and AI, with solid revenue and cash flow growth.
Despite challenges in consulting revenue and software growth targets, opportunities lie in global demand and strategic acquisitions.
Maintaining a balance between addressing challenges and leveraging strengths will be crucial for sustained growth.
IBM's disciplined M&A strategy and focus on innovation position the company for continued success in the software and cloud market.

IBM reports robust Q2 earnings, focuses on AI and hybrid cloud growth

IBM's Q2 2024 earnings call highlighted strong performance in software and infrastructure, with a focus on hybrid cloud and AI strategies. Despite challenges in the consulting segment, the company raised free cash flow expectations and remains disciplined in M&A. Opportunities lie in AI strategy, open-sourcing models, and Red Hat's growth in containerization and hybrid cloud solutions.

IBM reports robust Q3 earnings, focuses on AI solutions

IBM's Q3 earnings call highlighted strong software revenue growth, challenges in consulting and infrastructure, and a focus on enterprise AI solutions. Despite macroeconomic uncertainties, the company remains confident in its ability to drive revenue growth and maintain profitability. IBM's strategic partnerships and innovations position it well for future opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

SAN FRANCISCO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Fresche Solutions, a global leader in IBM i management and modernization, announced today its new TotalOps360 Comprehensive Managed Services for the IBM i market. Uniquely positioned as the market's only solution to provide support for infrastructure, operating systems, applications, and data, TotalOps360 addresses the critical IBM i talent shortage, providing organizations with the comprehensive support they need to ‘keep the lights on' as more experienced IBM i professionals exit the workforce.

Fresche Solutions Unveils Game-Changing TotalOps360 Comprehensive Managed Services for IBM i Market

CEO confidence in the effectiveness of basic IT services nearly halves over 10 years 43% of surveyed tech CxOs say concerns about their technology infrastructure have increased because of generative AI ARMONK, N.Y. , Aug. 21, 2024 /PRNewswire/ -- A new IBM (NYSE: IBM) Institute for Business Value study found that while IT leaders are preparing organizations for accelerated generative AI adoption, C-suite executives' confidence in their IT team's ability to deliver basic services is declining.

IBM Study: C-Suite Confidence in Delivering Basic IT Services Wanes, While Tech CxOs Focus on Gen AI Demands

IBM's free cash flows totaled $12.1 billion over the last four quarters. Of those cash profits, 55% were returned to shareholders in the form of dividends and buybacks.

What Is the Dividend Payout for IBM Stock?

NVIDIA

Nvidia's sales are skyrocketing thanks to AI chip demand. IBM recently reported $2 billion in orders for its brand-new generative AI services.

Better Artificial Intelligence (AI) Stock: Nvidia vs. IBM

The United States Tennis Association opts to utilize IBM AI capabilities to deliver a more comprehensive and engaging digital experience to millions of fans worldwide.

IBM Generative AI to Enhance Fan Experience at US Open

NIST incorporates IBM's algorithms into the world's first post-quantum cryptography standards, marking a crucial step in safeguarding digital infrastructure.

IBM Algorithms Chosen for Post-Quantum Cryptography Standards

FormFactor

IonQ

The quantum computing industry is in the limelight amid the rapid increase in technological innovation and the development of quantum artificial intelligence. Fortune Business Insights recently quantified the industry's growth outlook, stating that it expects the quantum computing market to grow by 34.8% annually until 2032.

3 Quantum Computing Stocks That Could Make Your Summer Unforgettable

-New Match Report summaries offer fans detailed analysis for all 254 US Open main draw singles matches -Enhanced version of AI Commentary returns to US Open digital platforms for on-demand highlights, along with fully redesigned IBM SlamTracker experience -IBM and USTA Foundation announce new collaboration to provide AI professional development resources to USTA Foundation students, teaching professionals and the public ARMONK, N.Y. , Aug. 15, 2024 /PRNewswire/ -- IBM (NYSE:  IBM ) and the United States Tennis Association (USTA) today announced several watsonx-powered fan features coming to the US Open digital platforms ahead of this year's tournament.

IBM and the USTA Serve Up New and Enhanced Generative AI Features for 2024 US Open Digital Platforms

Microsoft

NVIDIA Corp (NASDAQ:NVDA, ETR:NVD), Microsoft Corp (NASDAQ:MSFT), International Business Machines Corp (NYSE:IBM) and Accenture PLC (NYSE:ACN) are some of the most well-liked stocks across U.S. Congress, trading platform eToro revealed.

Nvidia, IBM and Microsoft: top stocks in US government

Xerox

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks With Over 3% Dividend Yields

As quantum computers rapidly advance, U.S. National Institute of Standards and Technology (NIST) publishes new algorithms developed by IBM, in collaboration with industry partners, to secure data against potential quantum attacks YORKTOWN HEIGHTS, N.Y. , Aug. 13, 2024 /PRNewswire/ -- Two IBM-developed algorithms (NYSE: IBM) have been officially formalized within the world's first three post-quantum cryptography standards, which were published today by the U.S. Department of Commerce's National Institute of Standards and Technology (NIST).

IBM-Developed Algorithms Announced as World's First Post-Quantum Cryptography Standards

Remember when IBM had years of stagnation and declining investor returns? Now, a successful turnaround at International Business Machines (NYSE: IBM ) is finally taking hold.

Buy IBM Stock. The Company's Turnaround Is Finally Working

IBM collaborates with WWF to use AI technology for better monitoring and protecting critically endangered African forest elephants.

IBM, WWF to Enhance Conservation for African Forest Elephants

ARMONK, N.Y. , Aug. 12, 2024 /PRNewswire/ -- Today, IBM (NYSE: IBM) and the World Wide Fund For Nature - Germany (WWF) announced they will work together to explore developing a new solution to support the monitoring of keystone species, starting with the critically endangered African forest elephant.

IBM and WWF-Germany to Build New AI Solution to Support Conservation of Keystone Species

CACI

GoDaddy

The tech-heavy Nasdaq Composite index has officially entered into correction territory, having fallen more than 10% from its record high set just a few weeks ago in July. Many high-flying tech stocks that saw massive rallies over the past two years have been hit the hardest in the recent market rout.

3 Bullish Tech Stocks That Are Ignoring the Nasdaq Selloff

IBM appears to be treading in the middle of the road, and new investors could be better off if they trade with caution.

IBM Boosts Generative-AI Powered Cybersecurity: Time to Buy?

After reaching an important support level, IBM (IBM) could be a good stock pick from a technical perspective. IBM surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

IBM (IBM) Just Flashed Golden Cross Signal: Do You Buy?

Premier Financial

Charles Schwab

On 8/9/24, Charles Schwab, Premier Financial, and International Business Machines will all trade ex-dividend for their respective upcoming dividends. Charles Schwab will pay its quarterly dividend of $0.25 on 8/23/24, Premier Financial will pay its quarterly dividend of $0.31 on 8/16/24, and International Business Machines will pay its quarterly dividend of $1.67 on 9/10/24.

Ex-Dividend Reminder: Charles Schwab, Premier Financial And IBM

Coinbase

Cisco Systems

Hut 8 Mining Corp

Marathon Digital Holdings

Riot Blockchain

Visa

As the core mechanism behind the inner workings of cryptocurrencies, the blockchain represents one of the most revolutionary innovations.  By creating a decentralized value accountability system, the blockchain addresses the double-spending problem associated with digital payments.

7 Blockchain Stocks to Bet On as Trump Courts Crypto

HashiCorp

Hashicorp said on Tuesday the cloud software vendor received a notice from the UK's Competition and Markets Authority last week saying it would begin a phase one review of the company's merger with International Business Machines.

UK regulator to begin review of IBM, Hashicorp merger

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company's watsonx data and AI platform, the new IBM Consulting Cybersecurity Assistant is designed to speed and improve the identification, investigation and response to critical security threats, IBM announced Monday (Aug. 5).

IBM Debuts AI-Powered Threat Detection Tools

New advancements built on watsonx empower IBM Consulting security analysts to help clients accelerate alert investigation ARMONK, N.Y. , Aug. 5, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today the introduction of generative AI capabilities to its managed Threat Detection and Response Services utilized by IBM Consulting analysts to advance and streamline security operations for clients.

IBM Introduces New Generative AI-Powered Cybersecurity Assistant for Threat Detection and Response Services

Bank of America

Walmart

In many ways, the battles on Wall Street center on the difference between potentiality and predictability. It comes down to how you want to play the game.

3 Blue-Chip Stocks That Could Make Your Summer Unforgettable

Accenture Plc

With Microsoft (NASDAQ: MSFT ) nosediving following the release of its latest second-quarter earnings results, the Magnificent Seven could easily continue dragging their feet through the third quarter. Undoubtedly, the July tech correction may just drag into August, and perhaps even September, one of the least exciting months for stocks from a historical perspective.

3 Rapidly-Rebounding Tech Stocks to Buy on the Way Back Up

Alphabet

Palo Alto Networks

CrowdStrike

As cybersecurity is set to hit a $2 trillion total addressable market by 2030, investors are eyeing this rapidly evolving space for lucrative opportunities.

News for IBM Stock (IBM)